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Sold on 07/16/2019

2830 Cedar St, Everett, WA 98201

  • $975,000

    Last sold 07/16/2019 for $610K

  • —

    bed

  • —

    bath

  • 3,651

    Sqft ($167/Sqft)

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About 2830 Cedar St

Property type House
Neighborhood
Year built 1925
HOA fee $0/month
Lot size 2,178 Sqft
Movoto estimate
Property description
Incredible investment opportunity in downtown Everett. 5 unit multi-family building with 7.2% cap rate + new "Urban Mixed" commercial zoning. Tons of development/use opportunities. Well maintained by owner/operator for 18 years, featuring newer roof + insulation & windows. Great location in burgeoning Everett near approved "Riverfront" development. 84 Walkscore, close to Everett Station, freeways. Quality tenants. More photos avail.
Listed by
Listing Agent - Amber Eckert
Listing Office - Windermere Real Estate Midtown
Source: NWMLS mls logo
MLS#1465734 • last updated 1 year ago
Movoto checked NWMLS for data 11 minutes ago
Overview
Levels/Style Multi Family
MLS # 1465734
SubType Multi-Family
Type Residential Income
SqFt 3651
Status Sold
Lot Size (SqFt) 2178
Lot Size (Acres) 0.05
Property Tax 5086
Buying Office Keller Williams Downtown Sea
Year Built 1925
Buying Office Phone 206-858-6800
Condition Good
Interior
Exterior
Foundation Poured Concrete
Roof Composition
Exterior Features Wood
Amenities / Utilities
Green Features: Energy Efficient Thermal Windows
Sewer/ Septic Sewer Connected, City Of Everett
Water Public
Water Company City Of Everett
Power Company Sno County PUD
Power Production: Type Electric, Natural Gas
HOA Amenities Thermal Windows
Location
View Mountain(s)
County Snohomish
Subdivision Downtown
Area 740 - Everett/Mukilteo
High School District Everett
APN 593665700101
Zoning Business, Commercial, Multi-Family, Office, Retail, See Remarks
Multifamily Details
Net Operating Income 43768
Capitalization Rate 7.2
Expense: Insurance 1500
Expense: Electricity 200
Gross Scheduled Income 54000
Expense: Other 672
Gross Adjusted Income 51300
Total Expenses 10232
Gross Rent Multiplier 11
Nwm_Totalmonthlyincome 4500
Vacancy Rate 5
Lot/ Land Details
Site Features Cable TV, High Speed Internet
$975K
Range: $624K-$1.32M
Last 30 days 
Rental est.: $1,038/month
Gross rent multiplier: 48.2
Powered By Movoto
  • May 2019
    mls logo MLS # 1465734
  • May 30, 2019 Listed
    $599,900 (+173.9%)
  • Jan 2001
    mls logo MLS # 20001162
  • Jan 25, 2001 Sold
    $219,000 (-0.4%)
  • Jan 4, 2000 Listed
    $219,950
  • 2830 Cedar St
    $610K
  • Riverside
    $479K -9% y/y
  • 98201
    $529K -11% y/y
  • Everett
    $529K -11% y/y
No chart available
Statistics calculated by Movoto

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7/10
Garfield Elementary School
public Grades PK, K-5
Everett School District
5/10
North Middle School
public Grades 6-8
Everett School District
6/10
Everett High School
public Grades 9-12
Everett School District
Source: GreatSchools.org © 2026. All rights reserved.

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